Finance Business Partner

Vacancy NameFinance Business PartnerVacancy NoVN983Business UnitCorporateJob LocationUKEmployment TypeFull TimeJob Details and ResponsibilitiesSummary: The Finance Business Partner role reports to the Finance Manager - Revenue and WIP and is part of the Lemongrass Finance Team. This job description reflects the essential functions of the Finance business partner role; it does not prescribe or restrict responsibilities that may be assigned. As a small company, the Lemongrass Finance team will work and co-operate closely and assigned tasks may vary from the key elements of the role.Key Responsibilities:Be the Finance lead in the Sales win review process, challenging sales assumptions and contract T&C's.Develop and maintain relationships with Sales and Delivery teams ensuring correct set up and support the financial management of engagements.Monitor specific engagement profitability and identify and coordinate the resolution of issuesProvide pro-active advice to project management delivery team to increase profitability of engagementsAccurate and timely production of customer invoices and fees.Work with Lemongrass Finance team to manage all elements of the financial close cycleEscalate any issues that require resolution to the Lemongrass Finance Business Partner.As the Finance Business Partner you will be responsible for the following:Governance & Compliance:Understand the contract and engagement life-cycle, from inception to completionWork with sales in order to achieve better financial controls,Review and challenge contract T&C'sEnsure compliance with Lemongrass finance policies, Lemongrass standard practices and local statutory requirementsAdvise on process setup for engagementsAdvise on engagement closure activities: prepare, review and collect final bill, close engagement elementsManagement Reporting:Monthly Financial Management report & KPI's for distribution to Account Managers & LeadershipReview & understand costing and pricing for new contracts. Advise on financial and commercial component of bids and new contracts.Review reasonableness and understand Account Forecasts on a monthly basis - track and report on accuracy of Estimates at Completion.Analyse, report and advise on monthly performance of engagementsAnalyse and report on comparison of actuals data to key metricsCash Management:Ensure invoicing to customers is on-time, complete and in line with supporting contracts, purchase orders, Statements of Work and other supporting documentation and customer requirements;Track customer payments. Working with the Credit controller, ensuring all invoices are paid on a timely basis and issues that prevent payment are identified, escalated and resolved.Understand engagement approach to invoicing of expenses and ensure invoicing of relevant expenses.Monthly Financial Close:Adhere to the monthly close cycle and timetable ensuring periods are closed within given KPI'sProduce monthly accrued and deferred revenue accounting entries in accordance with revenue recognition statutory requirements.Produce monthly WIP accruals and pre-payments.Other:Participate in discussions and projects to improve the Lemongrass Finance toolset, productivity and efficiencyParticipate in any other financial tasks and activities as requiredQualificationsProfessional Accounting Accreditation (i.e. CIMA, ACCA)Understanding of local statutory requirementsKnowledge of Revenue recognition accounting US GAAP (ASC606) and UK GAAP (FRS102)Strong analytical skillsGood oral and written communication skillsStrong organizational, time management and multi-tasking skillsAbility to work independentlyGood interpersonal skills and an ability to establish key relationships with a number of stakeholdersFlexible approach and ability to operate across all levels of Finance deliveryAbility to flex hours during periods of high demand. e.g. month end accountingStrong attention to detail10+ years relevant experienceStrong Excel skillsSelected applicant will be subject to a background investigation, which will be conducted and the results of which will be used in compliance with applicable law.Lemongrass Consulting is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate on the basis of race, religion, color, national origin, religious creed, gender, sexual orientation, gender identity, gender expression, age, genetic information, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.About LemongrassLemongrass is a software-enabled services provider, synonymous with SAP on Cloud, focused on delivering superior, highly automated Managed Services to Enterprise customers. Our customers span multiple verticals and geographies across the Americas, EMEA and APAC. We partner with AWS, SAP, Microsoft and other global technology leaders.
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